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Complete financial analysis of Assurant, Inc. (AIZ) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Assurant, Inc., a leading company in the Insurance – Specialty industry within the Financial Services sector.
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Assurant, Inc. (AIZ)
About Assurant, Inc.
Assurant, Inc., together with its subsidiaries, provides lifestyle and housing solutions that support, protect, and connect consumer purchases in North America, Latin America, Europe, and the Asia Pacific. The company operates through two segments: Global Lifestyle and Global Housing. The Global Lifestyle segment offers mobile device solutions, and extended service products and related services for mobile devices, consumer electronics, and appliances; vehicle protection and related services; and credit protection and other insurance products. The Global Housing segment provides lender-placed homeowners insurance, manufactured housing, and flood insurance; and renters insurance and related products, as well as voluntary manufactured housing insurance, voluntary homeowners insurance, and other specialty products. The company was formerly known as Fortis, Inc. and changed its name to Assurant, Inc. in February 2004. Assurant, Inc. was founded in 1892 and is headquartered in New York, New York.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 11.13B | 10.19B | 10.19B | 9.59B | 10.07B | 8.00B | 6.31B | 7.11B | 10.31B | 10.38B | 9.03B | 8.49B | 8.27B | 8.53B | 8.70B | 8.60B | 8.45B | 8.07B | 7.50B | 7.40B | 7.07B | 6.53B | 6.19B | 6.21B |
| Cost of Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 2.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 11.13B | 10.19B | 10.19B | 9.59B | 10.07B | 8.00B | 6.31B | 7.11B | 10.31B | 10.38B | 9.03B | 8.49B | 8.27B | 8.53B | 8.70B | 8.60B | 8.45B | 8.07B | 7.50B | 7.40B | 7.07B | 6.53B | 6.19B | 6.21B |
| Gross Profit Ratio | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 0.00 | 0.00 | 3.24B | 3.11B | 3.25B | 5.28B | 4.05B | 4.79B | 5.33B | 5.17B | 4.50B | 4.03B | 2.29B | 2.39B | 2.38B | 2.29B | 2.24B | 2.19B | 2.15B | 2.11B | 1.92B | 1.88B | 1.85B | 2.08B |
| Selling & Marketing | 0.00 | 0.00 | 3.84B | 3.53B | 3.32B | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.45B | 1.52B | 1.60B | 1.67B | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 7.70B | 7.37B | 7.08B | 6.64B | 6.57B | 5.28B | 4.05B | 4.79B | 5.33B | 5.17B | 4.50B | 4.03B | 3.74B | 3.91B | 3.98B | 3.96B | 2.24B | 2.19B | 2.15B | 2.11B | 1.92B | 1.88B | 1.85B | 2.08B |
| Other Expenses | 0.00 | -7.37B | -15.72B | -15.73B | -16.09B | 2.44B | 1.92B | 1.89B | 4.80B | 4.46B | 3.75B | 3.72B | 5.27B | 5.53B | 5.61B | 5.75B | 5.20B | 4.79B | 4.70B | 0.00 | 0.00 | -9.30B | -7.92B | -8.07B |
| Operating Expenses | 7.70B | 7.37B | -8.65B | -9.09B | -9.52B | 7.72B | 5.97B | 6.68B | 10.12B | 9.64B | 8.26B | 7.75B | 7.57B | 7.92B | 7.99B | 8.04B | 7.44B | 6.98B | 6.84B | 2,106.62B | 1,919.99B | -7.42B | -6.07B | -5.99B |
| Cost & Expenses | 11.13B | 9.84B | 9.40B | 9.01B | 9.52B | 7.67B | 5.87B | 6.26B | 10.11B | 9.64B | 8.24B | 7.73B | 7.56B | 7.92B | 7.99B | 8.04B | 7.44B | 6.97B | 6.84B | 6.87B | 6.81B | 6.16B | 1.86B | 2.59B |
| Interest Income | 0.00 | 108.30M | 111.80M | 104.50M | 110.60M | 0.00 | 0.00 | 19.00K | 16.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 108.00M | 108.30M | 111.80M | 104.50M | 110.60M | 100.30M | 49.50M | 57.62M | 55.12M | 58.40M | 77.74M | 60.31M | 60.36M | 60.65M | 60.67M | 60.95M | 61.18M | 61.24M | 61.26M | 56.42M | 1.18M | 0.00 | 14.00M | 24.73M |
| Depreciation & Amortization | 207.40M | 180.80M | 162.70M | 130.00M | 117.50M | 116.90M | 106.80M | 86.49M | 137.11M | 132.22M | 124.85M | 124.39M | 108.93M | 116.20M | 91.34M | 62.20M | 94.31M | 93.31M | 7.39M | 45.68M | 48.12M | 46.87M | 0.00 | 0.00 |
| EBITDA | 1.12B | 639.00M | 1.05B | 20.00B | 4.08B | 3.32B | 2.86B | 3.83B | 6.79B | 7.63B | 992.29M | 942.44M | 895.88M | 793.69M | 884.07M | 715.84M | 1.17B | 1.25B | 766.77M | 640.18M | 308.65M | 0.00 | 112.05M | 0.00 |
| EBITDA Ratio | 10.08% | 6.28% | 16.82% | 6.74% | 6.71% | 6.99% | 9.66% | 14.51% | 3.81% | 9.00% | 10.99% | 11.10% | 10.69% | 9.19% | 9.90% | 7.98% | 13.80% | 15.51% | 9.66% | 8.62% | 4.37% | -12.92% | 1.81% | 3.52% |
| Operating Income | 642.50M | 458.20M | 1.54B | 502.20M | 550.30M | 432.20M | 494.00M | 906.21M | 256.30M | 802.53M | 867.43M | 818.06M | 775.32M | 667.09M | 770.28M | 624.23M | 1.07B | 1.16B | 716.87M | 592.35M | 260.53M | -890.54M | 112.05M | 218.91M |
| Operating Income Ratio | 5.77% | 4.50% | 15.14% | 5.23% | 5.46% | 5.40% | 7.83% | 12.75% | 2.49% | 7.73% | 9.60% | 9.64% | 9.37% | 7.82% | 8.85% | 7.26% | 12.68% | 14.35% | 9.56% | 8.00% | 3.69% | -13.63% | 1.81% | 3.52% |
| Total Other Income/Expenses | 164.30M | 73.30M | -9.40B | -18.61B | -2.84B | -2.44B | -1.82B | -1.99B | -6.20B | -5.95B | -8.26B | -60.31M | -39.90M | -404.23M | -121.21M | -371.69M | -76.22M | -24.75M | -19.52M | -56.42M | -1.18M | 370.40M | 351.92M | 0.00 |
| Income Before Tax | 806.80M | 349.90M | 783.00M | 580.80M | 554.50M | 333.50M | 444.50M | 848.59M | 201.18M | 744.14M | 789.70M | 757.75M | 714.96M | 606.44M | 709.61M | 563.28M | 1.01B | 1.10B | 655.61M | 535.93M | 259.36M | 370.40M | 463.98M | 640.76M |
| Income Before Tax Ratio | 7.25% | 3.43% | 7.69% | 6.05% | 5.51% | 4.17% | 7.04% | 11.94% | 1.95% | 7.17% | 8.74% | 8.93% | 8.64% | 7.11% | 8.16% | 6.55% | 11.96% | 13.58% | 8.74% | 7.24% | 3.67% | 5.67% | 7.50% | 10.31% |
| Income Tax Expense | 164.30M | 73.30M | 169.50M | 60.40M | 167.70M | 80.90M | -75.10M | 283.24M | 59.63M | 273.23M | 300.79M | 274.05M | 169.12M | 327.27M | 279.04M | 115.48M | 357.29M | 379.87M | 176.25M | 185.37M | 73.71M | 110.66M | 365.92M | 104.50M |
| Net Income | 642.50M | 276.60M | 613.50M | 440.80M | 382.60M | 251.00M | 519.60M | 565.35M | 141.56M | 470.91M | 488.91M | 483.71M | 545.84M | 279.18M | 430.57M | 447.80M | 653.75M | 717.42M | 479.36M | 350.56M | 185.65M | -1.00B | 98.05M | 89.68M |
| Net Income Ratio | 5.77% | 2.71% | 6.02% | 4.59% | 3.80% | 3.14% | 8.23% | 7.95% | 1.37% | 4.54% | 5.41% | 5.70% | 6.60% | 3.27% | 4.95% | 5.21% | 7.73% | 8.89% | 6.39% | 4.74% | 2.63% | -15.33% | 1.58% | 1.44% |
| EPS | 12.02 | 5.09 | 10.37 | 7.04 | 6.18 | 4.24 | 9.45 | 9.23 | 2.08 | 6.52 | 6.38 | 5.74 | 5.65 | 2.52 | 3.65 | 3.80 | 5.46 | 5.66 | 3.53 | 2.53 | 1.70 | -9.17 | 0.90 | 0.85 |
| EPS Diluted | 11.95 | 5.05 | 10.20 | 6.70 | 6.14 | 4.22 | 9.39 | 9.13 | 2.05 | 6.44 | 6.30 | 5.67 | 5.58 | 2.50 | 3.63 | 3.77 | 5.38 | 5.57 | 3.50 | 2.53 | 1.70 | -9.17 | 0.90 | 0.85 |
| Weighted Avg Shares Out | 53.46M | 54.37M | 59.14M | 60.11M | 61.94M | 59.24M | 54.99M | 61.26M | 68.16M | 72.18M | 76.65M | 84.28M | 96.63M | 110.63M | 118.04M | 117.76M | 119.74M | 126.85M | 135.77M | 138.36M | 109.22M | 109.22M | 108.95M | 104.92M |
| Weighted Avg Shares Out (Dil) | 53.78M | 54.78M | 60.12M | 63.18M | 62.31M | 59.55M | 55.31M | 61.93M | 69.02M | 73.15M | 77.65M | 85.31M | 97.80M | 111.47M | 118.50M | 118.84M | 121.44M | 128.81M | 136.95M | 138.47M | 109.22M | 109.22M | 109.22M | 104.92M |
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Assurant (AIZ) Q2 results reflect solid performance at Global Lifestyle segment.
Assurant, Inc. (AIZ) Q2 2024 Earnings Call Transcript
Assurant, Inc. (NYSE:AIZ ) Q2 2024 Earnings Conference Call August 7, 2024 8:00 AM ET Company Participants Sean Moshier - VP, IR Keith Demmings - President & CEO Keith Meier - CFO Conference Call Participants Mark Hughes - Truist Securities...
Assurant (AIZ) Reports Q2 Earnings: What Key Metrics Have to Say
The headline numbers for Assurant (AIZ) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Source: https://incomestatements.info
Category: Stock Reports